Tag Archives: restaurant

New York Steakhouse Offering to Barter Steak for Stocks

Smith and Wollensky, a well-knkown east coast steakhouse chain, took out a full-page ad in the New York Times, offering to take stock certificates in exchange for meals. As part of a compromise with the federal government over bonuses, many Wall Street employees had to take their yearly bonuses in the form of stocks instead […]

Food Channel Predicts More Barter

According to a story on Echo Pilot, the Food Channel predicts that 2010 will see a significant increase in the use of barter by foodies and restaurants alike. And how does all this manifest itself in a bad economy when we find ourselves with “more time than money and skills that we still want to […]

NuBarter Featured in Sun Sentinal

NuBarter, with offices in Florida, Georgia, and South Carolina, was featured in a business article in the Florida Sun Sentinal. The article outlines a $90,000 construction trade a restaurant consumated through NuBarter. “We’re helping them survive the recession,” says Karen Roumay, owner of the Delray Beach-to-Deerfield Beach territory for NuBarter. “Danielle could never have done […]

British Restaurant Embraces In-house Barter Program

Artichoke, a restaurant in Amersham, Buckinghamshire, UK, recently created an in-house barter program. Chef Laurie Gear encourages locals to bring in their beautiful produce in return for a free glass of wine, and the privilege of seeing their vegetables transformed into cutting-edge cuisine (which is not free). Gear’s regulars hand over prizeworthy pumpkins, squashes, wild […]

Tips and Tricks

One Way to Record Barter Transactions in Quickbooks

by King of the Wild Frontier

I found a link to a site that offers free Quickbooks advice. It had this to say about recording a barter transaction. Recording of Barter ExchangesIf you have customers who are also vendors you may decide to trade some or all of your services / products in exchange for payment. To record such a barter […]

Barter to Renovate a Home

by Bruce Kamm

There are many ways barter can be used to renovate or restore a home. You can use barter to purchase building materials and hire contractors. Many suppliers such as tile, carpet and stone companies have huge excess inventories or items that have gone unsold. They would welcome the opportunity to get full value for the […]

Barter as a Means to Collect Bad Debt

by Tyler

Most businesses suffer from the issue of bad debts (accounts receivable that will most likely remain uncollectible and will be written off). These debts appear as an expense on the company’s income statement, thus reducing net income and most companies make a bad debt allowance since it is unlikely that all of their debtors will pay them in full.

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Navigation

New York Steakhouse Offering to Barter Steak for Stocks

Food Channel Predicts More Barter

NuBarter Featured in Sun Sentinal

British Restaurant Embraces In-house Barter Program

Tips and Tricks

One Way to Record Barter Transactions in Quickbooks

Barter to Renovate a Home

Barter as a Means to Collect Bad Debt

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